Content Paradigmatic Analysis of Financial Performance Deficiencies: A Case of Abadan Oil Refining Company (Qualitative and quantitative approach)

Subject Areas : Journal of Investment Knowledge

Yousef Baghlaniani ¹ , Allahkaram Salehi ² , Ali Mahmoodi Rad ³

1 - Department of Management, Masjed-Soleiman Branch, Islamic Azad University, Masjed-Soleiman, Iran
2 - Accounting Faculty, Islamic Azad University, Masjed Soleiman Branch,masjed Soleiman, Iran
3 - Department of Applied Mathematics, Masjed-Soleiman Branch, Islamic Azad University, Masjed-Soleiman, Iran

Received: 2020-04-02 Accepted : 2020-08-11 Published : 2020-08-22

Keywords: Paradigmatic Content Analysis, structural equation, Financial Performance Failures, Grounded Theory,

Abstract :

The purpose of this research is to analyze the paradigmatic content of financial performance deficiencies of Abadan Oil Refining Company in 2019. For this purpose, the study was conducted in both qualitative and quantitative form. In the qualitative part, the factors and indicators affecting the financial performance deficiencies of the firm were estimated by the Grounded Theory method and in the quantitative part, the structural equation model was estimated. The results show that causal, consequences and intervening factors had the highest impact among the factors affecting the financial performance of the firm. Among the context factors, respectively, the existence of a monopoly market and government pricing, the lack of international communications, and the lack of revision of the bylaws have the most impact on the financial performance failure. Among the causal factors, copying plans and ideas, the lack of dynamic internal control mechanisms to produce clear financial data and the lack of transparent reporting in the financial statements have the greatest impact on financial performance failure. . Among the intervening factors, high inflation, severe exchange rate fluctuations, and the inability to supply equipment and components needed from overseas have the greatest impact on financial performance failure. Of the strategies, only lack of international communication has been significant; and of the consequences, the loss of credibility, the inability to compete in the industry, and the diminishing of customers have the greatest impact on the firm's financial performance failure.

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